India's Ministry of Corporate Affairs is having a busy year. After cracking down on shell companies and LLPs, they have now introduced more stringent KYC norms for directors and designated partners of LLPs in India.

The Union Budget was presented by Finance Minister Mr Arun Jaitley in the Parliament on 1 February 2018. Each year the Budget presentation is one of the most-awaited events for businesses, individuals and professionals.

In the previous post, we discussed some problems of equity funding that are faced by investors in India. In this post, we will look at some alternatives to equity funding that are used by companies globally and in India.

In Part 1, we discussed some rookie mistakes we've seen businesses make while creating financial forecasts. New businesses are especially prone to making errors when they create forecasts for the first time